What is your Average Bitcoin Buying Price?

[OcTradism]

The holdwave from Glassnode show many bitcoiners are hodling their bitcoin and even they bought at the 2017 All time high, they still have profit, even during the crash from $64k to $29k.

Take dips and do Dollar Cost Averaging.

https://twitter.com/glassnode/status/1414819988762857473

#Bitcoin aged between 2y-5y old were accumulated between 2016 and 2019 at prices ranging from $640 to $20k.

Conviction of these investors remains strong this cycle, now holding over 22.9% of the $BTC supply

[Luzin]

Below $1000 to be honest. I’m lucky enough to have been around in 2015 when I bought most of my coins for a price many would consider very cheap.

Looks like we are the same, after that I actually don't buy bitcoin anymore. But I doubled it with BTC trading pairs. I sometimes also make it USDT to double it again. But I think it's already different with the intent of this topic.

[Vishnu.Reang]

I am one of those lucky guys, who got Bitcoin at less than $1,000 per coin. I made the purchase in January 2017, when the exchange rates were around $900 per coin. If my memory is correct, then I paid a markup of around 5% in Localbitcoins. So in the end, the purchase price came to around $950 per coin. Back then, I had almost called off the purchase, because 5% commission is a bit too much. But now looking back, I am quite relieved that I went ahead with the trade. Else, it would have been a big loss for me. Anyway, that was the only occasion when I purchased BTC with fiat.

[breathlessz]

I am one of those lucky guys, who got Bitcoin at less than $1,000 per coin. I made the purchase in January 2017, when the exchange rates were around $900 per coin. If my memory is correct, then I paid a markup of around 5% in Localbitcoins. So in the end, the purchase price came to around $950 per coin. Back then, I had almost called off the purchase, because 5% commission is a bit too much. But now looking back, I am quite relieved that I went ahead with the trade. Else, it would have been a big loss for me. Anyway, that was the only occasion when I purchased BTC with fiat.

you made the right decision at that time, and I didn't even know bitcoin at that time. I started buying bitcoin when the price was $5K at that time, and because I was just a beginner, I sold it at $8K, at that time I was psychologically shaken to see the first profit I got, and finally panicked to sell, if only I was able to hold it until now, maybe i can smile big

[michellee]

I am not sure about the average bitcoin buying price because, since 2015-2016, I am tried to buy bitcoin every time the price is a dump. But maybe the price will be at $1k- $50k because I think that is my average buying price and in that range, I have so many buying and selling prices. But at this moment, I tried to buy bitcoin from $30k-$34k and sell it if I see the profit.

[Shenzou]

I personally started in bitcoin since 2015, i was able to make a few satoshis from the internet, but i was only able to actually invest in it in 2017 where i got my hand on my first few paychecks from my job and i was able to save 2k that i  invested immediately in bitcoin, and it proved to be the best investment that i ever made where in the same year bitcoin was able to reach 20k, and ever since that day every extra money that i have goes straight to bitcoin and crypto.

[Oilacris]

I personally started in bitcoin since 2015, i was able to make a few satoshis from the internet, but i was only able to actually invest in it in 2017 where i got my hand on my first few paychecks from my job and i was able to save 2k that i  invested immediately in bitcoin, and it proved to be the best investment that i ever made where in the same year bitcoin was able to reach 20k, and ever since that day every extra money that i have goes straight to bitcoin and crypto.

Started on the same year and made out some investments but somehow i do make out some sell when it hit up some percentage gains and its a bit regrettable but theres no turning back on time now.

When it comes to my buying average price then it wouldnt really be that fix based up on the poll because any price could really be a good entry and since i do always follow TA's

then it would really be on random from time to time.Thing here is that i do have coins allocated for long term and i do have some coins allocated for active trades.

As long as i earn then i would be continuing this kind of behavior.

[goldade]

I am really curious to know what is the average bitcoin buying price or the average price you bought BTC at in your portfolio currently?
Also, If you can comment that would be great. I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

Personally, I do not think there's a average bitcoin buying price. My bitcoin buying price is wholly dependent on the price of bitcoin. If, however, you're talking about the average price of all the time I've bought bitcoin, then I think the average should be below $25k.
For me, as long as I have made my analysis of the market, then any price is a good point to enter the market and make interest.

[DarkDays]

The average bought price of institutes is around $30,000 and they will try to hold it as strong support.

We can not believe that they won't manipulate the market and dump the price deeper. They have too big capital and they can play with price, fud, and bring Bitcoin to lower price, just to help them accumulating more Bitcoin with same capital they want to spend.

Whatever their plans are, if price falls more, accumulate more, and do more DCAs.

Agreed, and despite BTC dropping into the 30K region a couple of times I can't help but think that it would be a good time to buy considering the market is looking relatively strong.
Having bought at under 20K and not have sold yet is obviously not the best, and so I'd have expected a higher vote on the 30K range...

[OcTradism]

Agreed, and despite BTC dropping into the 30K region a couple of times I can't help but think that it would be a good time to buy considering the market is looking relatively strong.
Having bought at under 20K and not have sold yet is obviously not the best, and so I'd have expected a higher vote on the 30K range...

Let's consider the current very strong support around $30k as the strong support around $6,500 in November 2018 before Bitcoin was dumped to under $3,300. If you go to bed when price is hanging about $6,500 then wake up and see a price below $3,300. It is a nightmare definitely.

But don't feel bad, what happened after December 2018 is a good lesson but crypto market is not for weak hands.

Another lesson is March 2020 when people thought Bitcoin would be dumped more to $1k.

If whales play the same fractal game, price can be dumped to $15k or below $20k. They might do this but I don't bet it will happen and I don't want to miss a discount price around $30k.

[maisao1991]

I invested to buy BTC for $15k and when it hit 50k I sold it, now its down $30k I bought it and I leave it at the end of the year I will open my wallet and see its worth. i believe year end BTC price will go back to 60k peak and i don't need to watch up and down value day by day

[Dewi89]

I will create a new portfolio when the bitcoin price ranges from $20k-$25k, I will probably add assets because I have long determined more than -60% is the target price point, not trading advice because you have to determine the average buy price of bitcoin yourself.

[rikybrosh]

I bought bitcoin at 34K but I still have more fund to buy it more. My predictions is the Lowest price of bitcoin at this bearish market is around 20K - 35K. I still waiting the bitcoin price fall again so I can buy more. I think bitcoin price can't fall bellow 20k so once it reach 25k - 20k I will spend all of my fund to do lump sump buying at that price. I think elon musk tweets also made more new people invest in bitcoin so I little bit more careful because if the growing number of bitcoin users is increase abnormally then the way I calculate should be different too.

[Fundamentals Of]

I am more of hodling now than buying. The price is already cheap now as compared to its higher prices in the past few months but it is still more expensive compared to the past few years. When I started purchasing small amounts of Bitcoin, the price was way below $20,000.

I did not actually make a computation as to the average price of my Bitcoin buys but I guess it must be within the range of $10,000 to $25,000. Already voted for it.

[Rajamuda]

The price at $30k-$32k in my opinion is the lowest price in the last 3 months to date, I think at that price it is a good time to buy at this time, it could explore another opportunity to hold long term investments, before touches to $40k.

[DOH!]

I am really curious to know what is the average bitcoin buying price or the average price you bought BTC at in your portfolio currently?

Lol, I don't get what you mean? Average bitcoin price? I never paid attention to this problem, I just buy bitcoin whenever I feel the price is right for my fund range. Bitcoin value is infinite, it makes no sense to audit the average value when buying.

[Shasha80]

The price at $30k-$32k in my opinion is the lowest price in the last 3 months to date, I think at that price it is a good time to buy at this time, it could explore another opportunity to hold long term investments, before touches to $40k.

I agree for the past few months the price of $30k-$32k is the lowest price for Bitcoin, so it is highly recommended to buy Bitcoin at that price.
But the problem is I don't have extra money to buy more Bitcoin right now, so for the time being I chose to monitor the Bitcoin market and holding
Bitcoin which I had bought before. Hopefully the Bitcoin price can return to the $40k price, because the $40k resistance price is very difficult to pass.

[yazher]

Looks like many has voted 10k-25k, everyone seems to get ready for that to happen. In that case, as soon as the price fell to that price it will suddenly pump up again and people should not doubt it since that is the majority decision. It may not be 100% sure but at least we have some lead on what will gonna happen. Nowadays, many investors are just waiting for the right price and will come back again when they see everyone is buying at that price rate.

[kotajikikox]

I am really curious to know what is the average bitcoin buying price or the average price you bought BTC at in your portfolio currently?
Also, If you can comment that would be great. I want to see if there is any relation between Forum Rank and Bitcoin Average Price buying.

I am still confident that the market will come out good this year end but My buying price would be 10-25k Usd and that will be my decision making at least at surely 15-18k .

But of course if i felt like recovery will come even when it is at 26k? i can buy easily as my funds are always ready for chances like this.

Looks like many has voted 10k-25k, everyone seems to get ready for that to happen. In that case, as soon as the price fell to that price it will suddenly pump up again and people should not doubt it since that is the majority decision. It may not be 100% sure but at least we have some lead on what will gonna happen. Nowadays, many investors are just waiting for the right price and will come back again when they see everyone is buying at that price rate.

and that is the safest position to buy on our part since the market is still going  strong
now so making a decision when to buy is really something that we must take a look.

[Stalker22]

It's difficult for me to estimate "the average bitcoin price". I accumulate most of my investment using the dollar cost averaging method. Therefore I have a budget to start with and allocate a specific amount of investment every month or so. Since I started buying bitcoins at a price below 10k, my average bitcoin buying price probably ranges between that value and 60k.